Des Moines, WA 98198,815 S 219th ST
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Des Moines, WA 98198,815 S 219th ST
Des Moines, WA 98198,815 S 219th ST
Des Moines, WA 98198,815 S 219th ST
Des Moines, WA 98198,815 S 219th ST
Listed by Paragon Real Estate Advisors
Bought with Berkshire Hathaway HS NW

$2,240,000

Est. payment /mo

$2,200,000

1.8%
Est.Price: ?

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815 S 219th ST Des Moines, WA 98198

9,360 SqFt

SOLD DATE : 11/06/2024

Key Details

Sold Price $2,240,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 9,360 sqft

Price per Sqft $239

Subdivision Des Moines

MLS Listing ID 2265765

Sold Date 11/06/24

Style 56 - 10+ Units

Year Built 1967

Annual Tax Amount $23,377

Lot Size 0.362 Acres

Property Description

Built in 1967, the Sunwest Apartments is a very well-maintained property that has undergone numerous updates including all new double pane vinyl windows, sliding glass doors, copper plumbing, and interior unit upgrades. The Sunwest Apartments consists of ten large two bedroom one bath units that are clean, spacious, and provide abundant natural light with water views from the top floor units. The property will operate at a 6.07% Cap Rate once the rent increases take effect on November 1st, 2024 with additional rental upside. The location is great for commuters heading to Seattle or the Eastside as the property is located only a half mile from Highway 509 and is only a 2-mile drive to the Angle Lake Light Rail Station.

Location

State WA

County King

Area 120 - Des Moines/Redondo

Interior

Fireplace false

Exterior

Exterior Feature Stone, Wood

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

New Construction No

Schools

School District Highline

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

Yasemin McLaury

Advisor

+1(425) 220-9818

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